MaxLend Financial Terms in a Glimpse
Minimum Credit Score
No credit score required
Loan Amount Range:
Up to $3,000
471.78% up to 841.45%
Minimum Down Payment:
What MaxLend Offers
The lending service gives installment loans of up to $3,000 and doesn’t mention a minimum credit score for applications. There’s no guarantee your application will be successful if you do have bad credit, though.
The provider features a quick online application form for installment loans. This online convenience extends to eSignature services on loan documents. In order to apply, you’ll need to meet the following eligibility requirements:
- Must be over 18 years old
- You’re unable to apply if you’re an active-duty military member
- Must fall under one of the eligible states
- Must not have filed for bankruptcy
It provides installment loans payable within nine months. The service works with a membership tier level with regards to the amount you can loan. You can apply for a loan of up to $1,850 on your first application.
After a successful application, you’ll move up one-tier. There are five ascending tier groups, with platinum being the highest. You’ll need to reach platinum level before applying for a loan of up to $3,000.
How MaxLend Works
The services application process is straightforward as long as you meet the eligibility requirements.
Apply- Fill out your credit application form found on its website. You’ll have your loan documents sent to you for eSigning once it’s approved.
Call- To verify your details, a representative from the company will call you. The service will then send a copy of your application and its confirmation to you for your records.
Closing- You’ll receive your funds on the same day as your application and your closing payment date.